The current status of the Nano-JASMINE project is reported. Nano-JASMINE is a very small-sized (50 cm
cubic form) satellite that is expected to carry out astrometric observations of nearby bright stars. The satellite
will determine distances of more than 8000 stars by performing annual parallax measurements, which is the only
direct method to measure the distance of an astronomical object. The mission is required to continue for more
than two years to obtain reliable annual parallax measurements. In addition, Nano-JASMINE will serve as a
preliminary to the main JASMINE mission. We expect that Nano-JASMINE will be launched in August 2011
from the Alcantara Space Center in Brazil using the Cyclone-4 rocket.